Lgx Oil Gas Stock Today
| ROAOF Stock | USD 0.0001 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 89
|
LGX Oil is trading at 1.0E-4 as of the 2nd of May 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.0E-4. LGX Oil has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for LGX Oil Gas are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of March 2024 and ending today, the 2nd of May 2024. Click here to learn more.
LGX Oil Gas Inc., a junior oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves primarily in Western Canada. Its principal properties comprise the Manyberries property, Alberta Bakken properties, and Armada property located in southern Alberta. The company has 88.66 M outstanding shares. More on LGX Oil Gas
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LGX Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. LGX Oil's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding LGX Oil or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Trent Yanko |
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) |
LGX Oil Gas [ROAOF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Nano-Cap' category with a current market capitalization of 88. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LGX Oil's market, we take the total number of its shares issued and multiply it by LGX Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. LGX Oil Gas classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 88.66 M outstanding shares.
LGX Oil Gas has accumulated about 22.17 K in cash with 140.88 K of positive cash flow from operations.
Check LGX Oil Probability Of Bankruptcy
LGX Stock Against Markets
Picking the right benchmark for LGX Oil pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in LGX Oil pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for LGX Oil is critical whether you are bullish or bearish towards LGX Oil Gas at a given time. Please also check how LGX Oil's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in LGX Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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LGX Oil Corporate Executives
Elected by the shareholders, the LGX Oil's board of directors comprises two types of representatives: LGX Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LGX. The board's role is to monitor LGX Oil's management team and ensure that shareholders' interests are well served. LGX Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LGX Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Curtis Ziemer | CFO and VP of Fin. | Profile |
How to buy LGX Pink Sheet?
Before investing in LGX Oil, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in LGX Oil. To buy LGX Oil stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of LGX Oil. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase LGX Oil stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located LGX Oil Gas stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased LGX Oil Gas stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as LGX Oil Gas, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in LGX Oil Gas?
The danger of trading LGX Oil Gas is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of LGX Oil is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than LGX Oil. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LGX Oil Gas is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in LGX Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for LGX Pink Sheet analysis
When running LGX Oil's price analysis, check to measure LGX Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LGX Oil is operating at the current time. Most of LGX Oil's value examination focuses on studying past and present price action to predict the probability of LGX Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGX Oil's price. Additionally, you may evaluate how the addition of LGX Oil to your portfolios can decrease your overall portfolio volatility.
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